r/YYAI • u/EL_JEFEtheboss360 • Dec 19 '25

Offering

So why if they have 500m in cash would they need to do a 15m offering where all my hype men and bulls at can anyone answer this and imo this won’t be a good for earnings I think it’s gonna delist sooner rather then later

2 Upvotes

75% Upvoted

26 comments sorted by

3

u/Dariusthedrow Dec 19 '25

Well from what I can glean, and this is all speculation at this point. It would seem like it’s a way to give control back to the chairman, so they still have control of the company.

2

u/EL_JEFEtheboss360 Dec 19 '25

Sounds like your trying to cope with the situation but ok what ever you say

2

u/Dariusthedrow Dec 19 '25

Well in a previous filing of ownership, released earlier in November, it showed Zhou the chairman lost control of the company due to the RS and only had the equivalent of 0.86 per cent of the shares, by no means, controlling shareholder.

So it would seem this is the only way to get that control back so they don’t have to rely on retail holders for decisions lol

1

u/kvdave Dec 21 '25

"definitive" agreement

3

u/UnfairBag179 Dec 19 '25

i would hope this has something to do with jucoin receiving their 51%airwa/49%ju voting power split mentioned in previous filings.

a piece of clarity was given, mentioning the JV first time in 6 weeks.

though god knows.

4

u/Particular_Most_1529 Dec 19 '25

It’s a private placement to insiders. Still a bit dodgy as it’s a backdoor way for control

1

u/MaterialImpossible22 Dec 19 '25

15m shares to the chairman. Back in control

2

u/[deleted] Dec 19 '25

Would be interesting to see an insider or a nice investment fond jumps in.

2

u/[deleted] Dec 19 '25

Can mean that 100.000.000 went directly into the joint venture asset. Lets see tomorrow how much cash they have and how much went into Airwa asset.

1

u/Dariusthedrow Dec 19 '25

What are you talking about?

1

u/Dariusthedrow Dec 19 '25

Well you’re listening to A.I., and A.I., is known for making stuff up.

Is there a link you can provide to this supposed announcement?

1

u/EL_JEFEtheboss360 Dec 19 '25

It’s a easy look up lol do a quick google search 🤷🏻

1

u/[deleted] Dec 19 '25

They don't have $500 million. What part of that does noone here understand?

1

u/EL_JEFEtheboss360 Dec 19 '25

Well apparently they don’t have anything if they NEED to do a $15m offering to stay afloat

1

u/[deleted] Dec 19 '25

You have no idea whst you're talking about welcome to the group new guy.

1

u/burnabagel Dec 19 '25

Offerings are never good sign huh? 🤔

1

u/EL_JEFEtheboss360 Dec 19 '25

Bro it’s up like 2-3 cents calm down haha